As Gibraltar has received assurances from Iran that this vessel will not break EU sanctions, they say it can sail. It was impounded as it was thought bound for Syria.
However, the USA now wants to seize it. I am not party to the USA's intelligence, but this looks like President Trump is out to show how tough he is in the run-up to the next elections. He may impress some, but not me. So far his foreign policies have seemed poor to me. Others may disagree.
See https://www.bbc.co.uk/news/world-us-canada-49379144
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